Taxation Interview Questions
Questions Answers Views Company eMail

Can anybody give the rates of TDS for daily purchased things like food,metal,wine,electrical item,civil items etc.

1 5672

when company issue c form to the seller it has to issue full amount of purchases or it has to deduct the 2% of cst amt Ex; purchase for rs.10000/- which includes 40 cst we have to issue c form for rs.9960 or we have to issue for rs.10000/- which one is correct

Libratherm Instruments, Mobis India, Wipro,

19 42794

profarma of computation of total income?

3 8352

what is bank reconcillation statment,balance sheet,thumb rules of accounts,depreciation?

1 4394

Which book is best for fringe benefit tax ( FBT )

1 3389

which book is best for VAT ( gujarat ) & TDS

4358

how to record journal entry for tds on salary on quarterly basis?

Bharat Trading, BTA, Duravit, HDFC, Metatron, Reliance, TCS,

28 66094

Can we get benefit of TDS deducted in FY 2005-06 and I have received Form 16A from Payee in FY 2008-09 i.e after 3yrs.

1 3984

what is the deffirent between TDS & TCS

5 8975

what is form 'H'? and why its used in Manufacturing Industry?

TATA,

10 51191

how many type of tax form used for sales tax, vat,service tax, excise duty & other tax ? what is the theory of all type of taxes applied in india ?

2 14801

my company taken a loan from bank and it's interest per annum is more then 10,000 /- then my company deduct tds from interest amt

Wipro,

4 8166

What is difference between PAN No and TAN No

FedEx, PM Enterprises,

13 142705

my tds has been deducted for financial year 2008-2009,will i get tds certificate for that and when,what is the use of the certificate

1 4132

i am peeyush tiwari working in ignou as accounts assistant my salary is 8000/-pm i want to know that how much tds i have to pay and how and my job nature is contractual basis

5 8091


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Un-Answered Questions { Taxation }

what will be my tax if i suddenly got 800000 to 1000000 in my bank by chq from sale of an old house?

3596


How to calculate excise duty on mobile products?

1634


In advance c form dvat why not showing the amount in form verification

1345


if a person is investing rs.100 per month for 11 months of a year,how much ammount of annuity he will be paid at the end of year?

1675


What is process CST & Custom Duty Handle in tally Erp 9, with example.

1531


When & how vat audit takes Place in haryana. Is Scrutiny & vat audit is same?

3831


which is the first liability for pay Service Tax to GOvt

1630


I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.

1682


If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?

2970


what are the benifits available to become and EOU in all taxes, such as Income Tax, Sales Tax, Excise, Custom

1979


The Depreciation Rate for Heavy Equipments like cranes (used in the construction of bridges, flyovers etc ... ) is 30% as per the companies act. If i buy a crane for Rs. 10 Lakh and claim depreciation the cost of the crane in the 2nd year is 7 Lakh and in the 3rd year it is 4.9 Lakh and in the 4th year it is 3.4 Lakh ...... Can i re-value the crane in the 5th year to the 2nd hand market price of Rs. 20 Lakh and claim depreciation on it @ 30% ? (Cost of crane in 6th Year now is 20 Lakh - 6 Lakh = 14 Lakh )

20260


meaning of accessory for central excise purpose

4200


tds will be charged by hotel industry on what

1496


What is meant by Cost of Improvement?

1799


IS THERE IS ANY EXUMTION FOR THE NEW CONCER TO NOT THE DEDUCT TDS IN THE 1st YEAR OF ITS INCORPORATION IF THE TURNVOER EXEED THE SPECIFIED LIMIT IN THE 1st YEAR.

2169